Beijing Dabeinong Technology Group Co.Ltd(002385) : performance forecast for 2021

Securities code: 002385 securities abbreviation: Beijing Dabeinong Technology Group Co.Ltd(002385) Announcement No.: 2022-011

Beijing Dabeinong Technology Group Co.Ltd(002385)

2021 annual performance forecast

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.

1、 Expected performance of the current period

1. Performance forecast period: January 1, 2021 to December 31, 2021

2. Performance forecast: √ loss \uf0f0 turning loss into profit \uf0f0 rising in the same direction \uf0f0 falling in the same direction

The current reporting period of the project is the same period of last year

Loss attributable to shares of listed companies: 230 million yuan – 450 million yuan

East’s net profit: 1955.7229 million yuan

Year on year decrease: 111.76% – 123.01%

Deducting non recurring profit and loss: 680 million yuan – 900 million yuan

Net profit after: 1593201600 yuan

Year on year decrease: 142.68% – 156.49%

Basic earnings per share loss: 0.06 yuan / share – 0.11 yuan / share earnings: 0.48 yuan / share

2、 Communication with accounting firms

1. The company has pre communicated with the accounting firm on the performance forecast of this period, and there is no difference between the company and the accounting firm on the performance forecast of this period.

2. This performance forecast has not been audited by certified public accountants.

3、 Explanation of performance change reasons

During the reporting period, the number of pigs sold by the company increased significantly compared with the same period last year. However, due to the significant decline in the price of pigs in 2021 compared with the same period last year, as well as the impact of the price rise of main feed raw materials and the outsourcing of some pig seedlings on the cost of raising pigs, the profit of the company’s breeding business in 2021 decreased significantly compared with the same period last year.

During the reporting period, according to the relevant provisions and requirements of the accounting standards for business enterprises, the company initially made an impairment provision of about 400 million yuan for the current inventory of consumable biological assets and productive biological assets (the final data shall be subject to the audit report).

4、 Risk tips

1. The risk of pig market price fluctuation is the systematic risk of the whole pig production industry. For any pig producer, it is an objective and uncontrollable external risk.

2. The sharp fluctuation (decline or rise) of pig market price may have a significant impact on the company’s operating performance.

3. Animal disease is the main risk in the development of animal husbandry industry, and may also have a significant impact on the company’s operating performance.

5、 Other relevant instructions

1. This performance forecast is the result of the preliminary calculation of the company’s financial department. The specific financial data shall be subject to the 2021 annual report disclosed by the company on the designated information disclosure media.

2. The company will make timely information disclosure in strict accordance with the provisions and requirements of relevant laws and regulations. Please make prudent decisions and pay attention to investment risks.

Beijing Dabeinong Technology Group Co.Ltd(002385) board of directors January 28, 2022

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